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20121129
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the first clinton budget back in 1993. while raising taxes on the wealthy is justified and necessary, it's just the first step in a long journey toward the future. one that requires not just the wealthy pay more in taxes. two strange facts in comparison to other democracies. we are taxed ranking 30th. we also have, at least on the books, one of the most progressive tax codes. in terms of the distance from the official rates, those at the top and the bottom pay. of course, what is system produced is some of the worst inequality in the world. underfunding in infrastructure. the solution to this problem in the long run and the solution to an ageing population where health care will consume a greater part of the economy is for everyone to pay more in taxes and guarantee a form of public goods. the most successful democracy is where it is structured around universe albens where everyone pays in and makes use of what the state provides. now, no leaders are making that argument. in the short run, they are right not to. getting rid of the entirety of the bush tax cuts for all brackets hurts the
% to a record low of 2.8% this year. the rate held steady at 10% through the clinton and bush years and then plummeted when democrats took control of congress in 2007. that is due in no small part to the filibuster. it's mutated to a routine impediment to legislative progress. it has turned congress into a body incapable of acting except in times of crises. it's just like the fiscal cliff right now. this was designed to force congress to deal with the deficit. now senate majority leader harry reid is proposing changes to the filibuster that might make senate lesseesy. right now senators can block motions to proceed which means the senate can't even debate the legislation in question. president obama realizing the stakes for his second term agenda endorsed those changes on tuesday. white house communications director dan pfeiffer said in a state, the president supports sen tor reid's reform the filibuster. he has a chance to change the filibuster with a 51% majority. he is getting close to getting that majority. republicans, meanwhile, are apoplectic. mitch mcconnell has accused reid
Search Results 0 to 1 of about 2